In Rethinking the Good, Larry Temkin argues for a principle that he calls the Narrow PersonAffecting View. In its simplest formulation, this principle states that a first outcome can be better than a second outcome only if there is someone who fares better in the first outcome than in the second. Temkin argues that this kind of principle gives us reason to reject the Transitivity Thesis, accord...

In this paper we suggest a behavioral approach to decision making under ambiguity based on the available information. A decision situation is characterized by a set of actions, a set of outcomes, and an information context represented by a data-set containing action-outcome pairs. Decision-makers express preferences over the choice of action in a particular information context. Data-sets contai...

The fall of labor’s share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor’s share typically have relied on industry or macro data, obscuring heterogeneity among firms. In this paper, we analyze micro panel data from the U.S. Economic Census since 1982 and international so...

In the pre-World-War I period, lacking regulatory restrictions allowed ‘hidden’ mergers; however, some companies disclosed information voluntarily. I analyze insider gains by investigating the share price behavior prior to merger announcements. When companies hid information, stocks exhibited positive abnormal returns prior to newspaper reports that uncovered hidden transactions. My paper was p...

Dieser Artikel behandelt vier grundlegende Fragen an eine Purpose-Orientierung von Unternehmen. Er bezieht sich dabei auf die Stellungnahmen bedeutender Persönlichkeiten und Organisationen wie den amerikanischen Business Roundtable, Klaus Schwab das ihm geleitete World Economic Forum, Larry Fink, CEO BlackRock, sowie aktuelle Literatur. Es werde folgende behandelt: 1. Was ist Purpose woher komm...

In article number 2100045, Xing Yue (Larry) Peng and co-workers develop microfluidic petri dishes that precisely control four ultra-slow micro circulations (<40 μm s−1) in a 10 mm artificial stem cell niche. The need only 1.8 magnet bead, an earplug-size actuator, the ability to edit MP3 song playlist program niche of nest. single clone area embryonic cells increases 15 times 4-day automatic cu...

Factor H Binding to PspC of Streptococcus pneumoniae Increases Adherence to Human 1 Cells Lines In Vitro and Enhances Invasion of Mouse Lungs In Vivo. 2 Running title: Complement FH enhances pneumococcal adherence. 3 4 Lisa R. Quin 1 , Chinwendu Onwubiko 1 , Quincy C. Moore 1 , Megumi Fujioka Mills 1 , Larry S. 5 McDaniel 123* , and Stephanie Carmicle 1† 6 Departments of Microbiology 1 , Surger...

This paper, prepared for the forthcoming The Social Economics Handbook (Jess Benhabib, Alberto Bisin and Matthew Jackson, editors, Elsevier Press), surveys recent work on the evolutionary origins of preferences. We are especially interested in the circumstances under which evolution would push preferences away from the self-interested perfectly-rational expected utility maximization of classica...